Equity at closing: $30,000 which is the difference between my acquisition cost of $20,000 (purchase price + rehab cost) and the market value of $50,0002) Cash flow: $101 per month ($1,212 per year) which is the amount of money I have left at the end of each month after all expenses and the mortgage are paid.3) Extra Money earned doing the management and maintenance on the property: $100 per month ($1,200 per year).So, with absolutely no money out of my pocket, I make $2,412 per year in cash AND I PICKED UP $30,000 IN INSTANT EQUITY AT CLOSING.

Instant Guaranteed Approval.

http://www.opendoor.com/ Businesses will be starting to use the data out there to do deals instantly, however something like this will likely have a greater effect on the we buy ugly houses people than realtors

My android Razr, keeps me connected to everything instantly.

I offer 3 ways to pay:1)Mail a Check – Mailed to PO Box.2)Bank Direct Deposit - Instant payment of rent performed at the bank or electronically through your online bank account.

Well done 🤗 thanks Ola I take no credit my GC really has a good eye for this stuff.. there are other threads going on about building your rock star team.. and in flipping and rehabbing that can be next to impossible no matter what anyone puts on a pod cast or writes a book about.but with new construction you can control it better.. and I only build in two markets this one and Portland.. and the reason is my GC is a long time family friend highly skilled as you can see and I basically put him in business In Charleston by buying enough lots and financing enough verticle that he could come from Vegas and instantly become a medium sized builder..

Consequently, I can afford to spend more and be patient whereas the newbie mailer freaks out because of lack of instant response. 

It is more secure, instant and easier to pay everythign online but the USA doesn't seem keen.  

The news story mentioned that the operation was discovered because the tenants were stealing power, so I instantly knew there were going to be some serious electrical issues.

They give instant color.